UM System
Executive Summary of Program AssessmentCampus: MU College/School: Human Environmental SciencesAcademic Unit: Personal Financial PlanningDate Submitted: August 22, 2014Person Responsible for Success of Program: Robert Weagley, ChairPerson Submitted Executive Summary:Patricia Okker, Interim Deputy ProvostDegree ProgramsDegree (e.g., BS, MA, PhD)Degree ProgramEnrollmentNumber of Degrees AwardedMost Recent Fall Semester(2013)5-Year Fall Semester AverageMost Recent Academic Year(2013)5-Year AverageBSHESPersonal Financial Planning118151.64955.8MSPersonal Financial Planning3120.443.8Graduate Certificaten/an/a0.8PhDPersonal Financial Planning97.21.4 Changes Since Last Review (2002)Department changed name from Consumer and Family Economics to Personal Financial PlanningCreated online MS degree, Certified Financial Planner certificate, and BS/MS degree program.Signed Memoranda of Understanding with 7 Chinese universities.Created a CFP Board registered PhD program, the third certified financial planner doctoral program in the world.Strategies or Plans for Improving Program Increase endowment of the department to $1,000,000 by 2018.Expand student interactions with financial planning professionals.Increase external grant funding to $100,000 per year by FY2016.Maximize the impact of scholarly activities.Encourage more undergraduate research.Increase international students to an average of 14 enrolled students.Develop and implement a formal senior assessment survey. ................
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